Second-time buyers prefer Exclusive Buyer Agents. They've learned it's a smarter way to buy homes.
Identifying the Right REALTOR®
One of the very first steps you take when buying a home is to choose your exclusive buyer agent (EBA) or other reliable REALTOR®. Finding the right agent is the key to finding the right home.
Buyer-only, Seller-only or Dual Agent?
Remember how helpful it is to know the three common types of agents.
Is the REALTOR® you are considering an exclusive buyer agent (EBA)? That is, does he or she offer you 100 percent focus on your interests and the many other benefits for the home buyer?
While it is possible that you’ll run across a seller-only real estate agent who does not represent home buyers at all, there is almost no chance a seller-only agent would offer to work with you.
Most REALTORS® fall into the dual agency category, meaning they represent sellers by listing homes for sale and they attempt to represent home buyers in their search for a new house.
What to Ask a REALTOR®
The best way to find the right REALTOR® is to ask lots of questions. After you’ve asked the first and biggest question—whether the REALTOR® is a seller-only, dual, or exclusive buyer agent—there are three categories of follow-up questions.
You know why lots of second-time home buyers choose an Exclusive Buyers Agent over a traditional real estate agency? It's because they've already been through the process—and realize there's a better way to buy a house.